Great Opportunity for Investors Fix or Flip or Buy and Hold! Great Rental Income Property!! This won't last long. Contact us today!! 6/4 Quadplex 3077 Sq Ft 1948 Yr CAP RATE 11.1% Fully rented and grossing $4,900 a month. This was built by Rutenberg Quadruplex (Grand Apartments) in the heart of Central Fort Myers. There is a single family home (Built in 1948) on the front of the property and 3 units (Built in 1964) in the back. Each unit has its own water meter. The house is rented for $725. There is some work being done on the units. There is tenant moving into the middle unit (B). Estimated Gross Monthly Rent (if all units leased) would be $2,600 a month. Located near the Former Red Sox Stadium. Minutes from the Hospital. These units have easy access to public transportation. The River District is just minutes away.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
